Hungary: Related Information
Tax-Efficient Business Forms
- In Hungary, incorporating any form of company can be a tax efficient solution, with a low corporate tax rate of 10% or 19%, depending on profit;
- Micro, small and medium-sized companies may deduct investment expenses incurred for reinvestment in the company up to a maximum of HUF30m;
- Small and medium sized companies may reduce their tax liability by 40% of interest paid (maximum HUF6m per tax year) on loans granted by financial institutions for purchasing tangible assets.